Results from the 2017 Strategic Directions: Natural Gas Industry Report survey signal that in order to realize natural gas storage potential, industry organizations will first need to manage the array of associated federal and state regulations.
Capitalizing on sustained low natural gas prices, the United States has seen a fair amount of build-out of new pipeline infrastructure to reach new markets since last year’s Strategic Directions: Natural Gas Industry Report.
Survey responses from the 2017 Strategic Directions: Natural Gas Industry Report suggest that a root cause of inadequate preparedness for risks may be insufficient funding for physical and cybersecurity initiatives.
Recent reports by Indonesian media project a 4 percent annual decline in natural gas production during the next four years. Declining production is in direct conflict with the government’s 2025 national Gas Roadmap plans for natural gas to contribute 20 percent to the national energy mix.